An entrepreneur is defined as a person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so. But what are the actual logistics involved in setting up your own business? In this lesson you will learn what is needed to become an entrepreneur. After you’re done, take a short quiz to see if you’re ready to begin your own business.

2.1 Introduction to the Entrepreneur


2.2 Starting a Business


2.3 The Business Plan


Did you plan your business to include regulatory costs? What does that mean? Watch the quick video on what regulations can do to the pizza industry then take a quick look at this information graphic on how many small businesses there are in the United States.



Lesson Completed

Congratulations! Now show off what you learned with this short quiz.

Further reading: books

American Entrepreneur: The Fascinating Stories of the People Who Defined Business in the United States by Larry Schweikart and Lynne Pierson Doti

The Entrepreneurial Adventure: A History of Business in the United States by Larry Schweikart

The Myth of the Robber Barrons by Dr. Burt Folsom

Zero to One: Notes on Startups, or How to Build a Future by Peter Thiel with Blake Masters